Overview Money In Money Out People Connected Orgs Positions Interview Endorsements
About The organization's primary exempt purpose is to contribute to the financing of economic and social development in the ARAB states. The organization seeks to assist member countries in eliminating development constraints, increasing the absorptive capacity and achieving higher rates of growth, and to foster economic integration and cooperation among member countries.
In care of Mohammed Jallad
Donations are NOT tax-deductible
Category
Social Welfare / Advocacy
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Financial Snapshot FY ending 2024-12-31 Financial history 18 19 20 21 22 23 24
Latest FY2024: $420.4M · Avg: $287.7M
Foreign activity (Schedule F) Total spent abroad $2.4B
Foreign employees 220
Foreign offices 1
Foreign partnership interest Yes
Foreign trust interest No
Region Activity Spent Middle East and North Africa — — Middle East and North Africa — — Middle East and North Africa — — Middle East and North Africa — — Europe (Including Iceland and Greenland) — — Central America and the Caribbean — — Sub-Saharan Africa — — East Asia and the Pacific — — North America — — South America — — South Asia — — Middle East and North Africa — — Sub-Saharan Africa — — Middle East and North Africa — — Europe (Including Iceland and Greenland) — — Sub-Saharan Africa — —
ARAB FUND FOR ECONOMIC AND SOCIAL DEVELOPMENT
Address Kuwait City
Kuwait, 00000-000
Governance Voting board members 8
Independent members 8
Conflict-of-interest policy No
Whistleblower policy No
Doc-retention policy Yes
Audit committee Yes
990 reviewed by board No
Compensation practices Severance payments No
Equity-based comp No
Supplemental retirement plan No
Board approved comp Yes
Initial contract exception No
Financial detail (Schedule D) Board-designated % 100.0%
Permanent endowment % 0.0%
Endowment held by related org No
Public records
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